continues to buy after a Stopploss

kvacksa87 · 2024-01-05T13:59:02+00:00

Hello. when I’m long and mine makes a stoploss, it continues to buy after it makes a stoploss when a new bar comes. I want it not to buy until it receives a new signal that it will go short. it’s the same when I’m short and want it not to buy again until I’m long stoploss 50 pips

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01/05/2024 at 2:59 PM #225987 quote

kvacksa87
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Junior

Hello. when I’m long and mine makes a stoploss, it continues to buy after it makes a stoploss when a new bar comes. I want it not to buy until it receives a new signal that it will go short. it’s the same when I’m short and want it not to buy again until I’m long stoploss 50 pips

01/05/2024 at 4:53 PM #225997 quote

GraHal
Participant

Master

Are you using below at the beginning of your code?

Defparam CumulateOrders = False

When set to false, prohibits a code from reinforcing positions and setting multiple orders to enter the market in the same direction.

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01/05/2024 at 5:05 PM #225998 quote

kvacksa87
Participant

Junior

thanks for quick reply . I’ll see if I have that code set to false, otherwise I’ll write again

01/05/2024 at 5:09 PM #225999 quote
robertogozzi
Moderator

Legend
This one will always enter alternate trades:
```
DEFPARAM CumulateOrders= false
ONCE Flag = 0     //1=last trade was LONG,  -1=last trade was SHORT
Bull3 = summation[3](close > open) = 3
Bear3 = summation[3](close < open) = 3
LongConditions  = close CROSSES OVER  average[20,0](close) AND Bull3 AND Not LongOnMarket
ShortConditions = close CROSSES UNDER average[20,0](close) AND Bear3 AND Not ShortOnMarket
IF LongConditions AND Flag <> 1 THEN
   BUY 1 CONTRACT AT MARKET
   Flag = 1
   SET TARGET pPROFIT 200
   SET STOP   pLOSS   100
ENDIF
IF ShortConditions AND Flag <> -1 THEN
   SELLSHORT 1 CONTRACT AT MARKET
   Flag = -1
   SET TARGET pPROFIT 200
   SET STOP   pLOSS   100
ENDIF
```
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01/05/2024 at 7:00 PM #226011 quote

kvacksa87
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Junior

thank you so much robertogozzi for great ideas as usual 😉

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